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Law School Debt

It seems that many of the people who post here get disheartened with law school due to the debt they accummulate. This is particularly true with the T14 schools. If you had the choice to study at a B school with a full-ride or at least a significant amount of aid, would you opt for that?

What do you want to do with your degree? Are you looking to practice in a big firm? Or do you want more regional, or local government type work?

Many may argue with me here. If your point is to make 6 figures right away, then you need one of the top schools. And at that point, go ahead and rack up big debt, because truth be told, a couple years making bank and your debt is paid back.

However, if you are like me, my interest was not in big law firms. I want to stay regional and my goal is to ADA or God-willing, be elected DA someday. I chose a regional school because of it's clinical program and the amount of face time I get with local lawyers. At my school, both the DA and the current Oregon Supreme Court Chief Justice teach, so these kind of connections and face time are invaluable.

It seems that many of the people who post here get disheartened with law school due to the debt they accummulate. This is particularly true with the T14 schools. If you had the choice to study at a B school with a full-ride or at least a significant amount of aid, would you opt for that?

that's what i chose, and i'm glad i did. it takes a lot of pressure off and has made law school a fun experience for me so far. i have no interest in EVILLAW, so i don't feel like i'm foregoing any options, besides which i did well enough in 1L to have been competitive for EVILLAW jobs had i been interested.

the main downside is the limited reach of the degree. it's going to be a struggle to get a job on the east coast if my personal connections don't net me one.

Still the same salrary after you take out your loan debt from your 100K salary or have no debt and make 60-75K

Don't forget that people in small law top out a lot quicker. The student loans are paid off in 5-10 years, depending on how aggressive one is. A midlevel/senior associate can pull down $300k+. But the small law 7th year? Nowhere close. You have a ton of compression, and the financial comparison is not even close after a few years, even with all the student loans.

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What do you mean? Job wise

A general rule is that it's a lot easier to move down than it is to move up. If you start off in Biglaw, you have plenty of options. If you go to a less-than-stellar school, you're already starting at the bottom. Where are you going to go if things don't work out?